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Report Austria - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Oct 4, 2022

Austria - Spirits, Liqueurs and Other Spirituous Beverages - Market Analysis, Forecast, Size, Trends and Insights
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Austria: Spirits And Liqueurs Market 2022

Spirits And Liqueurs Market Size in Austria

The Austrian spirits and liqueurs market surged to $X in 2021, picking up by X% against the previous year. In general, consumption recorded a remarkable increase. Spirits and liqueurs consumption peaked in 2021 and is expected to retain growth in the near future.

Spirits And Liqueurs Production in Austria

In value terms, spirits and liqueurs production rose to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Spirits and liqueurs production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Spirits And Liqueurs Exports

Exports from Austria

After nine years of growth, shipments abroad of spirits, liqueurs and other spirituous beverages decreased by -X% to X litres in 2021. In general, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X litres in 2020, and then declined markedly in the following year.

In value terms, spirits and liqueurs exports surged to $X in 2021. Overall, exports, however, recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X litres) was the main destination for spirits and liqueurs exports from Austria, with a X% share of total exports. Moreover, spirits and liqueurs exports to Germany exceeded the volume sent to the second major destination, the United States (X litres), eightfold. The third position in this ranking was taken by the Netherlands (X litres), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+X% per year) and the Netherlands (+X% per year).

In value terms, Germany ($X) remains the key foreign market for spirits and liqueurs exports from Austria, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the United States (+X% per year).

Export Prices by Country

The average spirits and liqueurs export price stood at $X per litre in 2021, picking up by X% against the previous year. Overall, export price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, spirits and liqueurs export price increased by +X% against 2019 indices. Over the period under review, the average export prices attained the peak figure at $X per litre in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the Netherlands ($X per litre), while the average price for exports to Guinea ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guinea (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Austria

In 2021, approx. X litres of spirits, liqueurs and other spirituous beverages were imported into Austria; growing by X% compared with the previous year's figure. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs imports surged to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X litres) constituted the largest supplier of spirits and liqueurs to Austria, with a X% share of total imports. Moreover, spirits and liqueurs imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X litres), twofold. Belgium (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Belgium (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of spirits and liqueurs to Austria, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2021, the average spirits and liqueurs import price amounted to $X per litre, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the average import price increased by X% against the previous year. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per litre), while the price for Poland ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2021	2007-2021	2022-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for spirits, liqueurs and other spirituous beverages in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 50% share of global consumption. These countries were followed by Russia, Japan, Mexico, Canada, the UK, Ukraine, Iran, South Korea and Ethiopia, which together accounted for a further 22%.

What are the largest producers of spirits, liqueurs and other spirituous beverages in the world?

The country with the largest volume of spirits and liqueurs production was China, comprising approx. 25% of total volume. Moreover, spirits and liqueurs production in China exceeded the figures recorded by the second-largest producer, India, twofold. The United States ranked third in terms of total production with a 10% share.

What are the leading suppliers of spirits, liqueurs and other spirituous beverages to Austria?

In value terms, Germany constituted the largest supplier of spirits and liqueurs to Austria, comprising 41% of total imports. The second position in the ranking was taken by Italy, with a 15% share of total imports. It was followed by the UK, with a 9.9% share.

What are the leading importers of spirits, liqueurs and other spirituous beverages from Austria?

In value terms, Germany remains the key foreign market for spirits and liqueurs exports from Austria, comprising 65% of total exports. The second position in the ranking was held by the Netherlands, with a 16% share of total exports. It was followed by the United States, with a 4.3% share.

What is the average export price for spirits, liqueurs and other spirituous beverages in Austria?

In 2021, the average spirits and liqueurs export price amounted to $7.1 per litre, increasing by 59% against the previous year.

What is the average import price for spirits, liqueurs and other spirituous beverages in Austria?

In 2021, the average spirits and liqueurs import price amounted to $6.2 per litre, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the spirits and liqueurs market in Austria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 11011020 - Spirits obtained from distilled grape wine or grape marc (important: excluding alcohol duty)

• Prodcom 11011030 - Whisky (important: excluding alcohol duty)

• Prodcom 11011040 - Rum and other spirits obtained by distilling fermented sugarcane products (important: excluding alcohol duty)

• Prodcom 11011050 - Gin and geneva (important: excluding alcohol duty)

• Prodcom 11011063 - Vodka of an alcoholic strength by volume of . .45,4 % (important: excluding alcohol duty)

• Prodcom 11011065 - Spirits distilled from fruit (excluding liqueurs, gin, geneva, g rape wine or grape marc (important: excluding alcohol duty))

• Prodcom 11011070 - Pure alcohols (important: excluding alcohol duty)

• Prodcom 11011080 - Spirits, liqueurs and other spirituous beverages (excluding spirits distilled from grape wine, grape marc or fruit/whisky, r um, tafia, gin and geneva, spirits distilled from fruit)

Country coverage:

• Austria

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Austria

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance